2Jansing and Co.
reminds us, the effective tax rates for people on top are pretty low. one out of four profitable corporations in this company are not paying a nickel in taxes, losing over $100 billion a year because corporations and the wealthy people are stashing their money in the cayman long islands. the working people of this country say we have to do deficit reduction but don't cut social security, medicare or medicaid. there are ways to move towards a balanced budget which are fair. >> on the other side, talking about the house and particularly house republican, they view the results of this election a little bit differently. a number of them have suggested that in fact the message of this election in electing a house that is still a gop majority is that they don't want taxes raised on the wealthy. >> well, i think the objective facts disagree with that assertion. the democrats gained two seats in the senate, did better than anyone dreamed. the democrats gained more votes in the house, gained a few seats in the house. president obama won a resounding electoral college victory and won the p
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